NEWS
DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Tue Apr 29, 2014 03:21 PM CDT

Ethanol futures found moderate buyer support Tuesday following a strong bounce in corn prices. Front-month May corn futures posted an 8-cent-per-bushel rally, which once again puts the focus on higher production costs for ethanol producers and points to the concern that overall corn supplies may continue to tighten if planting delays continue. May ethanol futures led the market higher, supporting a 1.7-cent-per-gallon gain. This pushed front-month futures to $2.295 a gallon, which is a two-week market high.

RBOB gasoline futures posted moderate gains Tuesday as traders once again started to focus on the potential for increased demand over the next ...

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